A balance sheet is one of the three key financial statements released by a publicly listed company like Texas Pacific Land Trust, and helps in stock analysis. As in our Texas Pacific Land Trust stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Texas Pacific Land Trust balance sheet for 2016 shows total assets of $62.45M. The company has a asset turnover ratio of 1.26. Also see: Texas Pacific Land Trust revenue and Texas Pacific Land Trust operating cash flow for the same year.

Assets: Anything that the Texas Pacific Land Trust company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Texas Pacific Land Trust had total assets of $62.45M.

Liabilities: The total liabilities of Texas Pacific Land Trust for the year 2016 total to $14.82M. Liabilities for a company like Texas Pacific Land Trust include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

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